221 Baldwin Avenue
Pontiac, MI 48342
$624,900
- Lot
- 0.14 acres
- Year built
- 1920
- Property type
- E
- County
- Oakland
- Subdivision
- Pontiac
- MLS #
- 20261070039
About this home
Fully Renovated Four-Unit Multifamily Investment Opportunity. This exceptional property has been completely renovated and features three 3- bedroom units and one spacious 4-bedroom unit., along with a separate house and vacant lot (Property ID# 1420335030, 1420335031). Major updates include brand-new mechanicals, electrical and plumbing providing a truly turnkey investment opportunity. All rental units are city certified. The property is already generating income, with one unit currently leased at $1,600/month, another unit at $1850 and the house generating $1,700/month. Two additional units are currently vacant, offering significant immediate upside. One of the vacant units have an estimated rental potential of approximately $1,600/month, while the fourth unit has the potential to rent for approximately $1,800/month. At full occupancy, the projected gross monthly rental income is approximately $8,300, based on the stated rents. The property also offers plenty of on-site parking and is zoned R-3, making this an excellent opportunity for investors looking for a renovated multifamily property with strong income potential and room to increase cash flow.
Listing courtesy of ICON Realty Experts, LLC · Realcomp · Listing agent: Yasmeen Denha
Listing data is provided through the IDX programs of MichRIC, Realcomp, MiRealSource, Northern Great Lakes MLS, and Greater Lansing REALTORS. Information is deemed reliable but not guaranteed and should be independently verified. Listings held by brokerages other than Bergrand Realty are marked with the listing brokerage's name. Last updated November 8, 2026.